2

Covington, IN Houses for Rent

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  • /21

    $1,199 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,150 Sq Ft
    • Updated 3 Bedroom House!

    823 Harrison St, Covington, IN 47932

    Welcome to this charming 3-bedroom, 1.5-bathroom house located in the desirable Covington, IN. This recently remodeled home offers a cozy and inviting atmosphere for you to call your own. The detached garage provides ample space for your vehicle and additional storage needs. The kitchen comes equipped with a refrigerator and stove, making meal preparation a breeze. With washer/dryer hookups

    823 Harrison St, Covington, IN 47932
  • /11

    $899 Per Month

    • 1 Bed
    • 1 Bath
    • 480 Sq Ft
    • House for Rent

    830 Harrison St, Covington, IN 47932

    Located in the charming and quiet town of Covington. This home features a one bedroom \ new kitchen with shaker cabinetry and stainless steel appliances, hardwood flooring throughout, modern light fixtures, a bathroom with a stand-up tile shower, a large backyard with a floating patio, a large front porch, and so much more! Tenants are responsible for all utilities and lawncare. Give us a call

    830 Harrison St, Covington, IN 47932

Frequently Asked Questions

How much does it cost to rent a single-family home in Covington, IN?
The median rent for a single-family home in Covington, IN is $1,049 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Covington, IN?
To comfortably afford the median rent in Covington, IN, a household needs to earn roughly $41,960 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,049 per month in Covington, IN, renters typically need to show $3,147 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Covington, IN?
In Covington, IN, the price-to-rent ratio is 18.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Houses for Rent
2
Median Single Family Home Rent
$1,049
Median 3 Bedroom Single Family Home Rent
$1,199
How to Rent a Home